RAC/PAC
Chinese demand for air conditioners and refrigerators will c
20/08/2013 According to the China Refrigerant Compressor Industry Report, 2013-2016 released by Sino Market Insight, till 2016, Chinese demand for air conditioners and refrigerators will reach 124 million units and 113 million units respectively. Chinese sales of inverter compressors in 2012 decreased by 2% year-on-year to 34.77 million units, of which total domestic sales fell by 2% to 32...
AC Market Special: Turkey
Concern over political unrest stemming from the demonstrations that erupted in June and the ongoing depreciation of the Turkish lira have cast a shadow over the Turkish economy. Turkey’s RAC market in 2013 grew at the same rate as 2012 until May. But June, when the sales season gets fully underway across the country, and after have not seen many hot days. Therefore, in the large southern ma...
AC Market Special: Russia
Russia saw lower growth in its air conditioner market in 2012 due to market saturation and the European financial crisis. Combined RAC and PAC demand in 2012 was around 2.1 million units, a year-on-ye...
AC Market Special: Europe
Europe’s economic situation in 2013 is generally not good with the exception of Germany. Much of the region also saw cool temperatures in May and June, although the countries like the United Kingdom a...
AC Market Special: The Middle East
The largest air conditioner market in the Middle East is Saudi Arabia, which continues to enjoy solid economic growth. There are also a higher number of construction projects due to additional governm...
AC Market Special: The United States
Most forecasters expect the economy to accelerate in the second half of 2013 as the housing market improves further and the impact of federal spending cuts diminishes. The unemployment rate has hovere...
APIC to Organize Climate World 2014
March 11-14, 2014; Moscow, Russia International specialized exhibition Climate World is the most anticipated and intriguing event of the domestic HVAC&R market. The exhibition is held every...
Panasonic Opens First Panasonic Plaza in Kenya
On July 17, Panasonic held a opening ceremony of the first Panasonic Plaza in Nairobi, Kenya. Located in the buzzing Westland’s area, the showroom is labeled as the first fully equipped and comprehens...
JCI Power Solutions Opens European Headquarters in Germany
On August 1, Johnson Controls Power Solutions unveiled a newly remodeled European headquarters in Germany. The building meets the standards for the Leadership in Energy and Environmental Design (LEED)...
Midea Wins Bid for 2014 FIFA World Cup Brazil Stadium
On May 3, the bidding result of the Beira-Rio Stadium, one of the hosting stadiums for 2014 World Cup at Porto Alegre, Rio Grande Do Sul was announced, and Midea commercial air conditioner DC VRF seri...
